Friedman Foundation

Foundation · Grantmaker Red Bluff, CA EIN: 64-0941529

Friedman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Red Bluff, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 10 grants totaling $135K. Net investment income was $76K.

Key facts about Friedman Foundation

EIN
64-0941529
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$135,416
Grants made (2024)
10
Average grant
$13,542
Median grant
$17,124
Total assets
$4,156,418
Primary geography
Florida (32% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Friedman Foundation funds

By grant dollars, the top recipient states for Friedman Foundation's 10 itemized 2024 grants were Florida (32%), New York (30%) and California (17%). The most frequent recipient cities were St Petersburg, FL (2 grants) and Greenville, MS (2 grants). None of its 10 grants with a stated purpose were described as general or operating support. Recurring purposes include "Support of Charitable Organization" (10 grants).

How Friedman Foundation gives

  • Giving grew 4736% from 2021 to 2024. Method
  • In 2024 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.2M

-2.8% YoY

Annual Giving

$135K

+3285.4% YoY

Grant Count

10

+400.0% YoY

Avg Grant Size

$14K

+577.1% YoY

Under IRS private-foundation payout rules, Friedman Foundation reported a distributable amount of $223K for 2024 — the minimum it must pay out in qualifying distributions.

About Friedman Foundation

Based on IRS filings

Friedman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Red Bluff, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 10 grants totaling $135K. Net investment income was $76K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of all 10 itemized 2024 grant dollars.

Cities

GreenvilleClevelandSt PetersburgJacksonvilleMemphisNew YorkRed BluffSacramentoStaten Island

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M$5M20202021202220232024
Metric202420232022
Total Assets$4,156,418$4,275,232$60,346
Revenue$76,907$4,241,192$3,061
Expenses$204,767$26,313$3,722
Qualifying Distributions$204,099$25,725$3,000
Net Investment Income$76,354$8,168$61
Distributable Amount$222,617$141,181$3,001

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$34K$68K$102K$135K2 grants20202 grants20212 grants20222 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Raymond James Charitable Endowment: $23K across 2 grantsRaymond James CharitableEndowment$23K · 2 grantsAfmda: $20KAfmda$20KShriners Children's Hospital: $20KShriners Children's Hospital$20KSt Jude's Childrens Hospital: $20KSt Jude's Childrens Hospital$20KTunnel to Towers: $20KTunnel to Towers$20KWounded Warriors: $20KWounded Warriors$20KHebrew Union Congregation: $8KHebrew Union Congregation$8KPath: $3KPath$3KHebrew Union Cemetery: $2KHebrew Union Cemetery$2K

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Raymond James Charitable Endowment ($23,416 across 2 grants), Afmda ($20,000), Shriners Children's Hospital ($20,000).

RecipientPurposeAmount
AFMDA New York, NYSUPPORT OF CHARITABLE ORGANIZATION$20,000
SHRINERS CHILDREN'S HOSPITAL Sacramento, CASUPPORT OF CHARITABLE ORGANIZATION$20,000
ST JUDE'S CHILDRENS HOSPITAL Memphis, TNSUPPORT OF CHARITABLE ORGANIZATION$20,000
TUNNEL TO TOWERS Staten Island, NYSUPPORT OF CHARITABLE ORGANIZATION$20,000
WOUNDED WARRIORS Jacksonville, FLSUPPORT OF CHARITABLE ORGANIZATION$20,000
RAYMOND JAMES CHARITABLE ENDOWMENT St Petersburg, FLSUPPORT OF CHARITABLE ORGANIZATION$14,247
RAYMOND JAMES CHARITABLE ENDOWMENT St Petersburg, FLSUPPORT OF CHARITABLE ORGANIZATION$9,169
HEBREW UNION CONGREGATION Greenville, MSSUPPORT OF CHARITABLE ORGANIZATION$7,500
PATH Red Bluff, CASUPPORT OF CHARITABLE ORGANIZATION$3,000
HEBREW UNION CEMETERY Greenville, MSSUPPORT OF CHARITABLE ORGANIZATION$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Ronald G PanichTrustee——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Friedman Foundation?

Friedman Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Red Bluff, CA. It holds $4.2M in total assets as of 2024.

How large is Friedman Foundation?

As of 2024, Friedman Foundation holds $4.2M in total assets with $77K in annual revenue. It awarded 10 grants totaling $135K in 2024.

Where does Friedman Foundation operate?

Friedman Foundation has awarded grants in California, Florida, Mississippi, New York, Tennessee.

What size grants does Friedman Foundation award?

In 2024, Friedman Foundation awarded 10 grants totaling $135K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is Friedman Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Friedman Foundation reported a distributable amount of $223K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Friedman Foundation's EIN?

Friedman Foundation's EIN (Employer Identification Number) is 64-0941529. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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